us10y and the secondary wave of inflation.
before you read any further, read my post from april:
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it has been awhile since i've given a public update on the us10y and my general theory about where i believe these rates are headed.
back in april of 2023, i gave an upside target of 5.9% for the us10y.
as of today, i'm raising the range for that upside target into the window between 6-9%, going into the end of 2024.
i'm aware that jpow has mentioned in the last few fed meetings that he has no intention of raising the rates any further, but i'm seeing a significant development on many of the charts this week which tells me otherwise. so i'm calling him out on his bluff.
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us10y w5 algo = 6-9%
---
it has been awhile since i've given a public update on the us10y and my general theory about where i believe these rates are headed.
back in april of 2023, i gave an upside target of 5.9% for the us10y.
as of today, i'm raising the range for that upside target into the window between 6-9%, going into the end of 2024.
i'm aware that jpow has mentioned in the last few fed meetings that he has no intention of raising the rates any further, but i'm seeing a significant development on many of the charts this week which tells me otherwise. so i'm calling him out on his bluff.
---
us10y w5 algo = 6-9%
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